News

Jupiter's star financials manager Philip Gibbs says a double dip is looking quite unlikely but he has residual worries about longer term growth as developed nations tackle their huge debts.

Fund manager Martin Gray has attacked the failure of governments to adequately overhaul financial regulation.

The FTSE dropped 0.72% to 5,535.8 in early trading as speculation over government plans to introduce a new bank windfall tax hit shares in the sector.

Eight in every 10 hedge funds could fold over the coming decade, according to star hedge fund manager Hugh Hendry.

High yield or ‘junk' bonds have seen a surge of investor interest, pushing prices to the levels seen before the credit crunch.

Dr Andrew Sentance remains the lone member of the Bank of England Monetary Policy Committee to argue for an increase in interest rates.

FSA chairman Lord Adair Turner says the Basel III capital reserve rules imposed on banks are "too lenient".

The US central bank has decided not to take further action to rejuvenate the country's economy but hinted it may do more later if needed.

The CBI predicts the UK economy will grow at a slightly faster rate than expected in 2010, but growth will be more ‘sluggish' than previously thought in 2011 thanks to the emergency budget.

Investec's Alastair Mundy is continuing to hold Norwegian bonds and gold in his £1.56bn Cautious Managed fund to protect investors should the efforts to stabilise the financial system eventually fail.